This is a combo of two offers:
Your cashback will be credited to your linked account within 60 days of the end of the offer period.
No experience with NAB yet but with CBA Yello, cashback can be manually applied via live chat.
Good luck. I had a similar offer for the Buy Now Pay Later product. I got the initial $10 but not the extra $20 for paying 2 utility invoices within a month.
I wonder if you can also pay the amount off using your NAB credit card, counting towards your CC sign up bonus + points earning
AFAIK you can't.
Does this require credit check to open the account?
yes
Where does it say New Customers only in the T&Cs? If I am a NAB customer but have not signed up for the BNPL service am I eligible or not?
To get a bonus $50 cashback, you need to spend a total of $500 on your NAB Now Pay Later account within 30 days of opening your account.
I don't think that is new customers, probably more new BNPL accounts.
I set this up after cancelling my 28 degrees card to use with international transactions, rather than pay the 3% extra NAB charge (soon to be 3.5%).
With previous BNPL they were unable to tell me which retailers constituted a qualifying purchase.
I've used multiple promos from NAB, but I no longer trust them. They advertised a fuel discount and other perks, but I only received one of them. Despite meeting the requirements to get the fuel offer by using an eligible NAB Card at a qualifying fuel station, I didn't receive it. I found it difficult to keep track of some of their perks, and as a result, I'm done with NAB rewards.